Intellectual Property
Sep. 9, 2009
Copyright Grants: as Powerful as Kryptonite?
The Superman comics illustrate how the value of the rights to copyrighted works can explode over time, write Miles J. Feldman and Dana M. Newman.
In 1938, two young, aspiring comic book creators from Ohio, Jerry Siegel and Joe Schuster, sold the rights to their "Superman" comics to DC Comics for $130. Hundreds of millions of dollars later - after countless Superman books, TV shows, movies and merchandise - this story illustrates how the value of the rights to copyrighted works can explode over time.
The U.S. Copyright Act of 1976 allows...
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